When prosecution under Section 276CC shall be launched?

Ans. Prosecution under Section 276CC shall be launched if a person fails to furnish the return of income under the following provisions:

a. ​In accordance with Section 139(1);

b. In response to a notice issued under Section 142(1)(i);

c. In response to a notice issued under Section 148 for re-assessment; or

In response to a notice issued under Section 153A for assessment in case of search.​